BRP Inc. (TSE:DOO) Given Consensus Rating of “Hold” by Brokerages

Shares of BRP Inc. (TSE:DOO) have received a consensus rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$89.83.

DOO has been the topic of a number of research reports. Raymond James cut their price target on shares of BRP from C$100.00 to C$98.00 in a research note on Monday, December 9th. BMO Capital Markets decreased their price objective on BRP from C$115.00 to C$100.00 in a report on Monday, September 9th. Stifel Nicolaus decreased their price target on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating for the company in a research note on Monday, December 9th. CIBC cut their price objective on shares of BRP from C$92.00 to C$82.00 and set a “neutral” rating on the stock in a research report on Monday, December 9th. Finally, Scotiabank decreased their target price on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating for the company in a research report on Monday, December 9th.

BRP Trading Up 2.0 %

Shares of TSE DOO opened at C$73.76 on Monday. The company has a quick ratio of 0.20, a current ratio of 1.32 and a debt-to-equity ratio of 545.75. BRP has a twelve month low of C$65.32 and a twelve month high of C$102.46. The company’s fifty day moving average is C$70.66 and its 200-day moving average is C$81.57. The stock has a market cap of C$2.54 billion, a price-to-earnings ratio of 22.35, a P/E/G ratio of 2.05 and a beta of 2.28.

BRP Company Profile

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.